How Big Is Wells Fargo's Growth Runway?

By David Hanson and Matt Koppenheffer – Jan 29, 2014 at 7:19AM

NYSE: WFC

Wells Fargo

Market Cap

$212B

Today's Change

(-1.11%) -$0.67

Current Price

$59.93

Price as of April 25, 2024, 4:00 p.m. ET

Every banking investor knows that Wells Fargo is as solid as they come in terms of the big banks. But has the stock got real growth potential ahead?

In this video from Tuesday's Where the Money Is as part of the Motley Fool's "Ask a Fool" series, Fool banking analysts Matt Koppenheffer and David Hanson take a question from a Fool reader, who asks, "What is your thought on Wells Fargo (WFC -1.11%)? Does it have room to grow? Does it have good long term prospects?"

David and Matt discuss why they still see Wells Fargo as the best run bank of the big four, though it is also the most expensive. While they don't necessarily see it as a stock with powerhouse growth, the company makes excellent returns on its investments, and returns those gains to shareholders, making it very attractive from that perspective.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.